Winnebago Industries (NYSE:WGO) Stock Dropped to Sell by Wall Street Zen

Wall Street Zen cut shares of Winnebago Industries (NYSE:WGO) from a hold rating to a sell rating in a report issued on Saturday,Wall Street Zen reports.

WGO has been the topic of several other research reports. Seaport Research Partners started coverage on Winnebago Industries in a research note on Monday, July 27th. They issued a “neutral” rating on the stock. Zacks Research cut Winnebago Industries from a “hold” rating to a “strong sell” rating in a research note on Monday, November 2nd. Weiss Ratings downgraded Winnebago Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 14th. BMO Capital Markets cut their target price on Winnebago Industries from $38.00 to $33.00 and set an “outperform” rating on the stock in a research note on Thursday, October 22nd. Finally, Citigroup increased their target price on Winnebago Industries from $24.00 to $28.00 and gave the stock a “neutral” rating in a research note on Thursday, October 22nd. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Winnebago Industries presently has a consensus rating of “Hold” and an average price target of $35.00.

Winnebago Industries Trading Down 5.6%

NYSE:WGO opened at $31.32 on Friday. Winnebago Industries has a one year low of $21.95 and a one year high of $50.16. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.17 and a quick ratio of 1.04. The company’s 50-day simple moving average is $27.60 and its 200 day simple moving average is $32.46. The firm has a market capitalization of $892.02 million, a P/E ratio of 25.89 and a beta of 1.21.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Tuesday, September 29th. The RV manufacturer reported $0.49 earnings per share for the quarter. Winnebago Industries had a net margin of 1.28% and a return on equity of 4.16%. As a group, analysts forecast that Winnebago Industries will post 1.93 EPS for the current fiscal year.

Winnebago Industries Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th were paid a $0.36 dividend. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Wednesday, September 9th. Winnebago Industries’s dividend payout ratio (DPR) is presently 119.01%.

Insider Transactions at Winnebago Industries

In other news, CEO Michael Happe sold 12,045 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total transaction of $393,630.60. Following the completion of the transaction, the chief executive officer directly owned 349,349 shares of the company’s stock, valued at $11,416,725.32. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Stacy Bogart sold 14,146 shares of the stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $33.73, for a total transaction of $477,144.58. Following the transaction, the senior vice president owned 69,821 shares in the company, valued at approximately $2,355,062.33. This trade represents a 16.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 29,840 shares of company stock worth $988,803 over the last three months. 4.88% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Winnebago Industries

Hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC increased its position in Winnebago Industries by 145.2% during the third quarter. GAMMA Investing LLC now owns 954 shares of the RV manufacturer’s stock valued at $25,000 after acquiring an additional 565 shares during the last quarter. Allworth Financial LP purchased a new position in Winnebago Industries in the second quarter worth about $33,000. Versant Capital Management Inc grew its stake in shares of Winnebago Industries by 365.6% during the 3rd quarter. Versant Capital Management Inc now owns 1,313 shares of the RV manufacturer’s stock valued at $35,000 after purchasing an additional 1,031 shares during the period. Jacobi Capital Management LLC bought a new stake in shares of Winnebago Industries during the 3rd quarter valued at about $40,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Winnebago Industries during the 2nd quarter valued at about $74,000.

Winnebago Industries News Summary

Here are the key news stories impacting Winnebago Industries this week:

• Negative Sentiment: Zacks Research cut estimates across several periods, including FY2027 EPS to $1.95 from $2.45 and FY2028 EPS to $2.17 from $5.32. It also lowered multiple quarterly forecasts for 2027 and 2028 and maintains a “Strong Sell” rating, signaling weaker earnings expectations. Winnebago Industries company and analyst information
• Negative Sentiment: SVP Stacy Bogart sold 14,146 shares for about $477,145, reducing her holdings by 16.85%. Insider selling can weigh on sentiment, though it does not necessarily indicate a change in the company’s outlook. Report on Winnebago insider sale
• Negative Sentiment: Wall Street Zen reportedly downgraded WGO from “Hold” to “Sell,” adding to the cautious tone around the shares. Report on Wall Street Zen rating change

Winnebago Industries Company Profile

Winnebago Industries, Inc is a manufacturer of recreational vehicles and marine products. The company designs and produces motorhomes, travel trailers, fifth-wheel trailers and other outdoor recreation vehicles under brands including Winnebago, Grand Design, Newmar and Barletta.

Its marine operations produce boats and related products through brands such as Chris-Craft and Barletta. Winnebago’s portfolio serves consumers seeking products for travel, camping, boating and other outdoor recreational activities.

Founded in 1958, the company is headquartered in Forest City, Iowa.